4 DAYS LEFT ! - JUNE SPECIAL » Get 50% Off Nial Fuller's Forex Trading Course & Daily Newsletter - Ends June 30th - Click Here

Login

Note: We Use ‘New York Close Charts’ – Get Our Preferred Charts & Trading Platform Here

EURUSD – Euro/dollar pin bar reversal may lead to another leg higher

The EURUSD has been trending higher since mid-April and over the last week we have seen it pull back to support between the 8 and 21 daily chart exponential moving averages (a dynamic value / support area). Notice on the daily chart below, a pin bar reversal buy signal formed today as buyers came back into the market following the brief pull back that took place over the last six days. If price can hold above the low of today’s pin (1.1108 area) we could easily see prices push higher and resume their upward track from here. However, a close below 1.1108 would likely lead to a deeper downside pull back.

Want More Trade Setups Ideas & Analysis? In the members’ daily trade setups newsletter, we discuss potential trade setups and provide detailed chart analysis on Currency Pairs, Commodities, Stock Indices and more. For more information click here.

Latest Trading Lessons

June Special Note: This Month Get 50% Off Life-Time Access To Nial Fuller's Professional Forex Trading Courses & Daily Trade Setups Newsletter, Until June 30th - Click Here For More Info.

About Nial Fuller

is a Professional Trader & Author who is considered ‘The Authority’ on Price Action Trading. He has a monthly readership of 250,000+ traders and has taught 15,000+ students since 2008.
Checkout Nial’s Professional Forex Course here.


Leave a Comment

Recent Posts in Trade Setups Commentary

Weekly Trade Ideas & Technical Chart Analysis by Nial Fuller – June 26th...

Posted on June 26th, 2017 | by | in Forex Trading Commentary | 1 Comment
Weekly Trade Ideas & Technical Chart Analysis by Nial Fuller – June 26th to 30th 2017
Note: We Use ‘New York Close Charts’ – Get Our Preferred Charts & Trading Platform Here EURUSD - Euro/dollar remains a buy near support levels We remain bullish and looking to buy the EURUSD as this pair has remained buoyant above 1.1115 near-term support following its recent surge... Continue Reading

Weekly Trade Ideas & Technical Chart Analysis by Nial Fuller – June 19th...

Posted on June 19th, 2017 | by | in Forex Trading Commentary | 2 Comments
Weekly Trade Ideas & Technical Chart Analysis by Nial Fuller – June 19th to 23rd 2017
Note: We Use ‘New York Close Charts’ – Get Our Preferred Charts & Trading Platform Here EURUSD - Euro/dollar uptrend intact, price nearing support The EURUSD briefly dipped down last Thursday after a bearish pin bar on Wednesday, however prices mildly recovered into Friday, and we... Continue Reading

Weekly Trade Ideas & Technical Chart Analysis by Nial Fuller – June 12th...

Posted on June 12th, 2017 | by | in Forex Trading Commentary | 2 Comments
Weekly Trade Ideas & Technical Chart Analysis by Nial Fuller – June 12th to 16th 2017
Note: We Use ‘New York Close Charts’ – Get Our Preferred Charts & Trading Platform Here EURUSD - Euro/dollar uptrend intact The EURUSD pulled back to the downside modestly late last week, but the upward trend and momentum are still intact and we are still bullish on this pair.... Continue Reading

Weekly Trade Ideas & Technical Chart Analysis by Nial Fuller – June 5th...

Posted on June 5th, 2017 | by | in Forex Trading Commentary | 6 Comments
Weekly Trade Ideas & Technical Chart Analysis by Nial Fuller – June 5th to 9th 2017
Note: We Use ‘New York Close Charts’ – Get Our Preferred Charts & Trading Platform Here EURUSD – Euro/dollar uptrend continues after pin bar buy signal The EURUSD pushed higher last week following the pin bar buy signal that we discussed in our May 30th commentary. As we... Continue Reading

Weekly Trade Ideas & Technical Chart Analysis by Nial Fuller – May 29th...

Posted on May 29th, 2017 | by | in Forex Trading Commentary | 3 Comments
Weekly Trade Ideas & Technical Chart Analysis by Nial Fuller – May 29th to June 2nd 2017
Note: We Use ‘New York Close Charts’ – Get Our Preferred Charts & Trading Platform Here EURUSD - Euro/dollar consolidates after surge higher, looking for pull back to buy The EURUSD consolidated last week after it's strong run higher in previous weeks. The trend is still up and we... Continue Reading

Now I want to hear from you! - Click Here to Leave a Comment

3 Comments

  1. Graeme Normington says:

    Thanks Nial.

  2. Emmanuel Udom says:

    Hi sir, i have a different opinion on EURUSD.
    I see it as a Sell (Bearish)trade.

    I will rather Sell at 1.12003 and exit at 1.07925 (for 400 pips profit).
    That is what my pattern tells me.

    Note this, as i will get back to you when i pick my profit.

    Thanks for share your idea with us. You are great.

  3. Hasan binSalman says:

    Thank you.

Leave a Comment

Your email address will not be published. Required fields are marked *

Disclaimer: Any Advice or information on this website is General Advice Only - It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By Viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here by Learn To Trade The Market Pty Ltd, it's employees, directors or fellow members. Futures, options, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, spot forex, cfd's, options or other financial products. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.

Copyright 2008-2017 Learn To Trade The Market